Oil and Petrochemicals
Significant Decrease in Ship Traffic in the Strait of Hormuz to 14 Vessels
The number of commercial ships passing through the Strait of Hormuz reached 14 vessels over the weekend, and this decrea...
Oil and Petrochemicals
Oil and Petrochemicals
Hedge Funds Increase Supply Crunch in America by Purchasing 177 Million Barrels of Gasoline and Diesel
Hedge funds have flooded the fuel market, purchasing a total of 177 million barrels in gasoline and diesel futures contr...
Oil and Petrochemicals
The Difference Between Refineries and Petrochemicals in Fuel and Raw Material Production
Refineries produce fuel and energy, while petrochemicals provide chemicals and industrial products.
Oil and Petrochemicals
Neo Next+ Acquires Shares of Deltic Energy
Neo Next+ has taken a significant step in developing sustainable energy projects by acquiring shares of Deltic Energy. T...
Oil and Petrochemicals
The Flourishing of Financial Reforms and New Owners in Nigeria
Nigeria has once again come into the spotlight as an attractive opportunity in the oil and gas industry with financial r...
Oil and Petrochemicals
The Minister of Oil announced the lack of a specific deadline for the approval of the Rosebank and Jackdaw fields
The Minister of Oil stated that no specific deadline has been set for the approval of the Rosebank and Jackdaw oil field...
Oil and Petrochemicals
Shell's job transfer to London indicates a worrying trend for Aberdeen
Shell's recent job transfer to London has raised concerns about the state of the oil industry in Aberdeen. Experts belie...
Oil and Petrochemicals
Fathollah Hosseini Emphasized the Need for CNG Development in the Country
Fathollah Hosseini emphasized the importance of dual-fuel vehicles and fuel consumption management in Iran. He stated th...
Oil and Petrochemicals
Iraq Takes Threat of Leaving OPEC Seriously
Iraq warned in June that it might exit OPEC if an agreement on the baseline capacity is not reached. This move could lea...
Oil and Petrochemicals
The United States and Iran War Created a Shortage of Sweet Crude Oil
The United States and Iran war has not only limited the volume of oil entering the market but has also created a structu...
Oil and Petrochemicals
IEA Predicts Increase in Global Coal Demand
Coal prices rose above $145 per ton in mid-September, driven by rising oil and natural gas prices due to Middle Eastern...
Oil and Petrochemicals
Russia imported 172,000 tons of fuel from India in August
In August, Russia imported 172,000 tons of petroleum products from India, including refined gasoline from Russian crude...